Archives - 30 July 2013, Tuesday

Virtual currency bitcoin has been banned in Thailand, according to a prominent bitcoin exchange that operates in the Southeast Asian country. According to Bitcoin Co. Ltd, a Bangkok-based website that trades the digital currency, the firm had been in the process of registering with go...

A Bitcoin exchange in Thailand has suspended its services because, it claims, it has been informed by the country’s central bank that the crypto-currency is illegal. However, something about this now widely spread-around story just doesn’t sound right to me. First, let’s look at what ...

Thailand becomes the first country to reject Bitcoin Published time: July 30, 2013 08:47 Get short URL Tags Currencies , Global economy The Bank of Thailand has banned operations of the internet-only currency Bitcoin, citing a lack of existing laws and capital controls. After a Bitcoi...

Thailand’s government has ruled electronic currency Bitcoin as illegal in the Southeast Asian country, leading to an indefinite trading suspension, Bitcoin Co. Ltd. Thailand said in a message on its website. The ruling means that buying and selling Bitcoins, as well as any goods or se...

Thailand isn't exactly known for its unquestionable ethics; activities that would quickly be labeled as illegal in the West are practiced in plain view in Bangkok. Loose regulations mean that a nearly limitless array of goods and services can be purchased with cash and even credit -- ...

As self-regulatory organizations are excellent non-governmental solutions for industry best practices, they need to be vigilant about maintaining the integrity of the original mission. In the case of bitcoin as a negotiable digital asset class, the protection of core fundamental attri...

The winner of this week’s King Canute prize for attempting to hold back the tide goes to the government of Thailand. Why? They have just decided to ban Bitcoin, the new digital currency. Bitcoin – which exists only as a string of computer source code, and in so far as people are willi...

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In the past year or so, it has come to be a known fact in Bitcoin technical circles that Bitcoin, in its current form, is partially quantum-safe. The claim is that “used” Bitcoin addresses – that is, addresses which have both received and sent bitcoins, have their corresponding public...

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Brian [email protected] See Also Hackers Have Already Cracked The UK Porn Filter US Indicts Hackers In Biggest Cyber Fraud Case In History Wild Computer Hack Remotely Controls Cars Journalists who write about computer security hackers can become the targets of a lot of bad things. But...

Luminaries in the bitcoin community have launched a self-regulatory body in an apparent attempt to gain a cohesive voice in the ongoing tussle with financial regulators. The Committee for the Establishment of the Digital Asset Transfer Authority will “work proactively with regulators ...

Hoarding gold is for libertarians. Bitcoin mining is for nerds. Really adventurous investors—especially fans of the stranger stretches of the periodic table—ought to consider stockpiling something more intense, like industrially valuable exotic elements. Demand for these is on the ris...

Just typical. I took today off of work and my adopted homeland of Thailand made global headlines after a local startup claimed that Bitcoin, the global, virtual currency, has been banned in the country . A notice from Bangkok-based Bitcoin exchange Bitcoin.co.th (a startup that I’d no...

Mt. Gox, the biggest exchange for trading the virtual currency bitcoin, is still trying to recover from legal and regulatory blows in the past few months, and the the company acknowledges it’s still slow in processing requests from customers who want to withdraw money from their accou...

Thailand has declared Bitcoin as illegal following which all trading activities related to the electronic currently has been suspended indefinitely. Through a message posted on its website , the Bitcoin Co. Ltd. has said officials of the Foreign Exchange Administration and Policy Depa...

While you’re out spending your Bitcoins on fancy cocktails at swaggy midtown haunts , other cryptocurrency champions have been working to set up the BitGive Foundation , a non-profit that will solicit donations from the Bitcoin community and make gifts in its name. The goal of the cha...

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hypnosec writes that the government of Thailand "has declared Bitcoin illegal following which all trading activities related to the electronic currently have been suspended indefinitely. Through a message posted on its website, the Bitcoin Co. Ltd. has said officials of the Foreign Ex...

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Thailand’s government has ruled electronic currency Bitcoin as illegal in the Southeast Asian country, leading to an indefinite trading suspension, Bitcoin Co. Ltd. Thailand said in a message on its website. The ruling means that buying and selling Bitcoins, as well as any goods or se...

But the most recent attempt to embarrass and fluster this author easily takes the cake as the most elaborate: Earlier this month, the administrator of an exclusive cybercrime forum hatched and executed a plan to purchase heroin, have it mailed to my home, and then spoof a phone call f...

Just typical. I took today off of work and my adopted homeland of Thailand made global headlines after a local startup claimed that Bitcoin, the global, virtual currency, has been banned in the country . A notice from Bangkok-based Bitcoin exchange Bitcoin.co.th (a startup that I’d no...

#Bitcoin, a virtual currency, is attracting more than just 'a bit' of interest these days. Here's a roundup of tweets from Tuesday's #BitcoinConf, including quotes from @StephYFinance's interview with @AlanMeckler, CEO of @Mediabistro ($MBIS), who produced the conference.